LML PAYMENT SYSTEMS INC·4

Aug 20, 5:13 PM ET

GAINES PATRICK H 4

4 · LML PAYMENT SYSTEMS INC · Filed Aug 20, 2010

Insider Transaction Report

Form 4
Period: 2010-08-18
GAINES PATRICK H
DirectorCEO
Transactions
  • Award

    Incentive Stock Options (right to buy)

    2010-08-18$1.62/sh+250,000$405,0001,575,000 total
    Exercise: $1.62From: 2010-08-18Exp: 2015-08-18Common (250,000 underlying)
Holdings
  • Common

    (indirect: Owned by Keats Investments Ltd.)
    168,400
  • Common

    (indirect: Owned by 397389 British Columbia Ltd.)
    16,622
  • Common

    239,872
Footnotes (1)
  • [F1]Options exercisable as to 62,500 on August 18, 2010 and the remaining 200,000 options exercisable as to 31,250 every six months thereafter

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4